Zillow misses on Q3 earnings, hires new CFO

The real estate tech giant posted lower than expected earnings in part due to the reaction to Premier Agent changes

Zillow posted a net loss of $492,000 in the third quarter of 2018, much lower than its more than $9 million loss in the same quarter of last year, according to its third-quarter earnings report. Revenue for the real estate technology giant was up 22 percent, year-over-year.